88500 Overseas Hwy APT 319TavernierFL33070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Tavernier at 88500 Overseas Hwy APT 319, Tavernier, FL, 33070 generates $2,704/mo in rent and, after a $1,982/mo payment, leaves $17/mo in cash flow. Total monthly income is $2,704/mo, and annual cash flow is $199/yr on $134,258 invested. Return on cash invested sits at 20.06% in year one, and rental yield is 8.01% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 104.24% and total cumulative return in cash sums $139,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,704/mo property income rather than buyer’s personal income.
Condo
Built in 1976
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33070, Tavernier, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,604 (100%) |
| Owner Occupied HU | 2,074 (45.0%) |
| Renter Occupied HU | 790 (17.2%) |
| Vacant Housing Units | 1,740 (37.8%) |
| Median Home Value | $746,626 |
| Average Home Value | $890,624 |
Housing Distribution
Address Breakdown
Residential
3,403
Single Family
3,106
Multi-Family
297
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
